UK Commercial Boiler Market Analysis

UK Commercial Boiler Market Analysis

The gas fired boiler industry crossed a valuation of USD 550 million in 2022. The competitive pricing of natural gas, along with the growing preference for sustainable technologies will augment the business landscape. The availability of abundant and easily accessible natural gas resources will further add to the industry growth. Moreover, strict government regulations aimed at promoting the use of low-emission fuels will positively impact the industry landscape.

To get key market trends

  Download Free Sample

The ≤ 0.3 - 2.5 MMBtu/hr capacity commercial boilers market will witness growth rate of 8% during 2023-2032. Increasing applicability across wide tandem of applications including assemblies, lodgings, offices, schools, institutions, retail centers, and healthcare facilities will escalate the business potential. The product offers various advantages including low initial investment & maintenance cost and ease-of-installation which in turn will favor the industry scenario.

> 10 - 50 MMBtu/hr capacity boilers are set to grow on account of its wide scale utilization across warehouses, educational institutions and lodging sector. Ongoing investments toward the expansion of commercial establishments coupled with the soaring investments toward the refurbishment of healthcare facilities will propel the industry statistics.

The commercial hot water boiler market is estimated to amass USD 1.2 billion by 2032. Surging upgradation of existing heating technologies with energy efficient systems will proliferate the business outlook. Consumers are also embracing new heating systems to comply with green building provisions and LEED certification guidelines, which is driving the industry demand. The affordable purchase price and integration of digital systems to improve monitoring in the modern systems will bolster the product penetration.

The condensing boiler industry observe 10.8% growth between 2023 and 2032. Increasing emphasis on reducing carbon footprints and conserving energy, will propel the adoption of these boilers. The Environmental Protection Agency (EPA) has implemented the National Emission Standards for Hazardous Air Pollutants (NESHAP) to regulate boiler emissions which in turn will drive the replacement of older boiler units with condensing units.

 The healthcare application captured UK commercial boiler market share of 25% in 2022. Robust deployment of these units for space heating, water heating, and equipment sterilization across the sector will energize the industry dynamic. Growing demand for the diagnosis centers in line with surging upgradation of existing healthcare facilities will foster the business potential.